The upcoming budget is crucial for the new Labour government to address a £22 billion deficit while fostering economic growth and supporting small businesses.
Chancellor Rachel Reeves' strategy includes a combination of tax increases and spending cuts, with a commitment to avoid affecting working people or returning to austerity.
A business tax roadmap is expected to be unveiled, providing clarity for small business owners about future tax policies that will impact them.
Labour's pledge to maintain corporation tax at 25% during this parliament demonstrates their focus on stability and support for the business community.
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